Engel & Völkers
Eingangsbereich

Fully rented apartment building with bay window in the attractive Crelle neighborhood

€1,950,000
  • ~870 m² Total surface
  • ~870 m² Living area
  • ~274 m² Plot surface

Description

The property is an apartment building constructed in approximately 1908 with a front building and a side wing that is not separately accessible and forms part of the individual apartments. The twelve units are spread over four full floors and the attic, which was converted in 1995, and are fully let. The property is accessed via a central staircase and is in a simple condition overall. Old building details such as historic doors and stucco elements are present. The units are heated by gas floor heating and some have balconies. In addition, each tenant is assigned their own basement compartment. The apartments have been partially modernized when tenants have changed. The attic has insulated glass windows, while the historic wooden double-glazed windows in the other units have been continuously maintained. Due to water damage, all risers in the property were replaced in September 2025. The bathrooms there still need to be dry-built to cover the pipes. The property is located in the "Kaiser-Wilhelm-Platz" environmental protection area. Kaiser-Wilhelm-Platz protected neighborhood Sought-after residential area Simple condition Old building details Balconies partially available Compact apartment sizes Gas floor heating Energy efficiency class F Attic converted Fully rented Average rent for residential units: 7.58 EUR/sqm O7352
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Engel & Völkers Commercial Berlin

Your advisor: Team Investment Residential and Commercial

Property ID: OI-BER-O7352

Property details
  • Property type

    Investment

  • Total surface

    ~870 m²

  • Living area

    ~870 m²

  • Plot surface

    ~274 m²

  • Usable surface

    ~870 m²

  • Target return

    4.09 %

Energy efficiency information
  • Construction year

    1908

  • Energy efficiency class

    F

  • Energy certificate available

    Yes

  • Energy certificate type

    Demand certificate

  • Final energy demand

    185 kWh/m²a

  • Energy source

    Gas heating

Location: Schöneberg, Berlin

The property is located in a central and quiet residential area in Berlin's popular Schöneberg district, which is known for its high quality of life. The street is traffic-calmed and offers stylish living in quiet courtyards. The nearby Cheruskerpark is ideal for relaxation, while supermarkets and shops are within walking distance. Excellent connections to underground and suburban railway stations, such as "Schöneberg" and "Kleistpark," ensure quick connections to other parts of the city. In addition, schools and doctors' offices are located in the immediate vicinity. The nearby Akazienstraße and Goltzstraße offer a wide selection of cafés, restaurants, individual boutiques, and shopping opportunities for everyday needs. The popular Winterfeldmarkt, one of Berlin's largest and most diverse weekly markets, is within walking distance and invites visitors to linger with regional and international specialties. The Park am Gleisdreieck also offers recreation and leisure opportunities, with extensive green spaces, walking and cycling paths, and sports facilities. Schöneberg impresses with its lively nightlife and excellent infrastructure.

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